PPT-BlueEdge HSA

SM A Division of Health Care Service Corporation a Mutual Legal Reserve Company an Independent Licensee of the Blue Cross and Blue Shield Association Copyright 2013 All rights reserved bcbsokcom. - A Full System Emulator for HSA Platform. Prof. . Yeh-Ching. Chung. System Software Laboratory. Department of Computer science . National . Tsing. . Hua. University. 1. Outline. Introduction to HSA. HSA: HSA plans are subject to what is known as a comparability rule. The rule states that all plan participants must receive comparable benefits. This rule significantly limits flexibility in employ 50. th. AIAA-JPC Conference, July 29, 2014. Cleveland, OH. All m. embers: . Space Propulsion Synergy Team . – http:spacepropulsion.us. Douglas . G. Thorpe, Co-Founder: http://theUSAparty.com. Russel. Human Resources, . Benefits. This presentation is intended for . communication purposes . only. .. . Please . see . the At Your Service website (. http. ://. atyourservice.ucop.edu. ) and plan documents for . Health savings accounts (HSAs) are individual accounts offered by Optum Bank®, Member FDIC, and are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. Investments are not FDIC-insured, are not guaranteed and may lose value. State taxes may apply. Fees may reduce earnings on account. The information contained in this presentation is not intended as legal, investment, or tax advice. It is supplied for general educational purposes and with the understanding that Optum does not provide legal, investment, or tax advice. Please contact a competent legal, investment, or tax professional for personal advice on eligibility, investing, tax treatment and restrictions. State taxes may apply. Fees may reduce earnings on account. Federal and state laws and regulations are subject to change. . 2. HealthEquity webinar series:. Health savings account basics. Tips to maximize your HSA savings. HealthEquity member portal overview. www.healthequity.com/webinars. Winning with an HSA. 3. HealthEquity, Inc., does not provide legal, tax, financial or medical advice. Always consult a professional when making life changing decisions. . This presentation is adopted from a presentation made in an advanced tax planning class as part of the curriculum for my Master’s in Tax & Financial Planning at San Diego State University. Although it highlights many of the HSA basic concepts, it is actually designed to focus on a little known “secret” behind the HSA plan—the ability to by-pass the 7.5% AGI limitation required before most people can ever deduct any of their medical expenses. I hope you enjoy!. Maximize your HSA opportunity. 2. Save now:. Lower monthly insurance premiums. HSA . contributions . aren’t taxed. Qualified medical expenses are tax-. free. 1. Save for the future:. HSA funds roll over year after year. ). 2. Optum . Bank. ℠, M. ember FDIC. Established in 2003. Subsidiary of Optum – . owned by UnitedHealth Group. Deposits are insured by the FDIC up to $250,000. Focuses solely on health care banking. Funding & Invoicing. ____ __. Agenda. HSA Funding & Invoicing. Invoice for Administrative Fees. File and Funding Process. Unopened Account Funding (Pending Contributions). Health Savings Account (HSA) Funding & Invoicing ____ __ Agenda HSA Funding & Invoicing Invoice for Administrative Fees File and Funding Process Unopened Account Funding (Pending Contributions) Town of Medfield. What is a Health Savings Account?. A HSA is a tax-advantaged medical savings account available to employees who are enrolled in a high-deductible health plan (HDHP).. The funds contributed to an account are not subject to federal income tax at the time of deposit. .     ® About The HSA for Life A Health Savings Account (HSA) is a personal savings accou A CDHP (Consumer Directed Health Plan) is a specific type of high deductible health plan that meets IRS requirements allowing it to be coupled with tax-advantaged personal Health Savings Account (HSAs)..